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SMEC Co (XKRX:099440) Debt-to-EBITDA : 1.98 (As of Mar. 2024)


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What is SMEC Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

SMEC Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩61,277 Mil. SMEC Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩5,564 Mil. SMEC Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ₩33,747 Mil. SMEC Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.98.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for SMEC Co's Debt-to-EBITDA or its related term are showing as below:

XKRX:099440' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.12   Med: 5.26   Max: 16.26
Current: 2.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of SMEC Co was 16.26. The lowest was -10.12. And the median was 5.26.

XKRX:099440's Debt-to-EBITDA is ranked worse than
60.31% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs XKRX:099440: 2.46

SMEC Co Debt-to-EBITDA Historical Data

The historical data trend for SMEC Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SMEC Co Debt-to-EBITDA Chart

SMEC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.28 -4.48 -10.12 3.88 2.76

SMEC Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.68 2.57 2.66 3.62 1.98

Competitive Comparison of SMEC Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, SMEC Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SMEC Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SMEC Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SMEC Co's Debt-to-EBITDA falls into.



SMEC Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

SMEC Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(64513.465 + 5902.227) / 25495.931
=2.76

SMEC Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(61277.238 + 5564.46) / 33747.344
=1.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


SMEC Co  (XKRX:099440) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


SMEC Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of SMEC Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


SMEC Co (XKRX:099440) Business Description

Traded in Other Exchanges
N/A
Address
666 Gasul-ri, Daesan-myeon, Changwon, Ulsan, Gyeongsangnam-do, KOR, 8231500-4800
SMEC Co Ltd manufactures and sells machine tools, semiconductor and telecommunication equipment, robots, and laser equipment. The company offers machine tools, such as CNC lathes, machining center; parts; and robots associated with LCD production. It also provides network solutions, such as trunk, signaling, media, video, and IMS media gateways, as well as media gateway controllers, media resource function solutions, and session border controllers; LTE gateway solutions, including LTE SmallCell, evolved packet data, and trusted wireless access gateways; and WiFi solutions comprising WiFi access points and WiFi AP controllers. In addition, the company offers military satellite communication system; Internet of things; digital radio communication system solutions.

SMEC Co (XKRX:099440) Headlines

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